Aotearoa has suffered an economic abortion from 1989s poison ‘reforms’ until today. We have been captured by a corrupted public institution (treasury) and an incompetent/greedy/spoilt political class. We’ve been butchered.
For those of you who sense that something’s wrong in our economy, this is for you.
For those of you who rail against “labour” “national” “act” “nzf” or “greens”, this is for you too.
For anyone who wants to see Nz truly prosperous and secure, this is for you.
Because New Zealand is not “mismanaged.”
It is captured. Captured by kapos, and lies.
We are captured by:
- An unelected Treasury priesthood
- A Parliament of landlords
- Four Australian banks, and
- A rentier class that profits from our misery, while foolishly ensuring their own failure too.
The result?
- Homeownership collapse
- Youth displacement
- Māori and Pākehā flight
- Hospitals and schools gutted
- Infrastructure crumbling
- Dangerously low levels of investment
- Record bank profits siphoned offshore
- Deindustrialisation
- Declining productivity
- A failure to future proof, or ’present proof’
- MPs with $379m in property
- A Prime Minister who says Kiwis “get wealthy” by pushing house prices higher
This isn’t economics.
This is a racket.
And when public officials create a system that enriches foreign banks, dispossesses citizens, and sabotages national development?
There’s a name for that, it’s
Economic Treason.
At no stage in our history have kiwis voted for
- Banning sovereign credit creation
- Giving private banks a monopoly on our credit creation and economic direction
- Austerity as constitutional doctrine
- 40 years of housing inflation
- A public service that serves banks
- A country where our kids can’t afford to live
- A health system carved up for SUCERs
- A Parliament that profits personally from the crisis
- An oligarchic economy
We didn’t vote to become a resource colony for other countries banks. We used to be a proper nation. A young, but developing, nation.
And yet our national project was aborted, and that’s why we have suffocated and stagnated; bar the diabetic sugar rush of our ‘wealth creating’ housing bubble. But those calories and kilojoules of debt and false profits are killing our nation and our productive economy.
The truth is simple:
New Zealand is rich in land, talent, resources, and credit.
But we are governed by people who refuse to use that wealth to build the nation.
Aotearoa can be sovereign again.
All we need is:
- Public credit – Japan built its economic miracle by directing 60-70-% of credit creation into developing infrastructure and industries. Nz has ensured its decay and debt bondage by letting private banks push 90% of new credit creation into mortgages, instead of industries or infrastructure.
- A National Development Bank is therefore required, and
- An accountable Treasury that serves the people instead of the banksters
- We need Banking profits to be kept onshore, or at least circulated through the productive economy before being bled out.
- Homeownership restored
- Health and education rebuilt
- Real Treaty obligations honoured
- A political class with skin in the nation, not a rentier class obsessed with increasing its own wealth at the cost of the nation they are supposed to serve
- All of this requires amending the bankster acts that bind us, and whipping the money changers from our temples again. As successive generations must always do.
This is not left or right.
This is survival.
It’s time to end the Credit Coup.
It’s time to call the betrayal by its proper name.
It’s time for the Truth-Based Legal Revolution.
Will you join us? We need you.
Each one, teach one. Learn, and share
Tadhg Stopford is a historian and teacher. Support change by purchasing your CBD hemp CBG at www.tigerdrops.co.nz
Many of us believe every word you say, in fact we have been saying it for years.
But I can’t agree with this.
“At no stage in our history have kiwis voted for…”
If you have talked to people about these issues for near 2 decades, for me ever since John Key seized power, you will know that most steadfastly refuse to believe any of it.
There is a whole generation of elderly who believe their wealth (generated by the housing ponzi) is a result of their superior work ethic and is nothing to do with living through the golden age followed by a scam guaranteed to make their wealth grow exponentially. Many of these people hate the younger generation and cannot see that it is their very voting that has created the situation where young people have no hope in this country. They even spend their wealth on $10 muffins and overseas trips to ensure their “greedy” and lazy offspring don’t inherit a cent.
Why has no political party ever stood on a manifesto reflecting this reality. Why does someone like Bradbury praise the Labour Party for tinkering with the status quo.
Pretty much everyone now days would be happier telling you that Campbells Chicken soup has no chicken in it than listen to an explanation of how NZ moved from a benevolent dictatorship model of governance to a malevolent tyranny.
Until the property market collapses entirely the majority of voters will vote for oppression as long as their property price increases enough to compensate their loss of real earnings caused by doubling the money supply every 10 years through writing ever bigger mortgages for every increasing property prices.
In fact, the simplest way to solve the issue is to put the cost of land, existing houses, and the cost of servicing a mortgage back in the CPI so property prices can never again grow exponentially as interest rates are held artificially low.
Filling their gobs, eating with their hands like ordinary peeps who arent suits. Carrying on the fish and chip tradition started by Labour. ‘Anything they can do, we can do better’ says Gnationattack.
A Christmas performance of that, with the lady in a nice red dress suitable for Labour.
From Annie Get Your Gun (not suggesting anything) https://www.youtube.com/watch?v=WO23WBji_Z0
Ummm…New Zealanders DID vote for 40 years of housing inflation.
Both National and Labour party voters liked house price inflation and the untaxed capital gains, while the Greens loved anything that stopped housing developers getting rich. ACT voters are the housing developers – who loved their pre-sold developments benefiting from FOMO by the young first home buyers.
Tadhg, you are a wonderful inspiration. I finished reading your article and lost it. Why are you not in politics? NZ needs a leader/PM of your calibre – you make such sense and it gives me HOPE! And yes you are calling it correctly – it is Economic Treason and the Truth is Simple! The rot has to stop now. I’m old enough to remember the ‘good old days’ where my childhood was very happy. Life then didn’t revolve around money, possessions or power it revolved around good, kind, decent people with moral fibre and high principles. My father and two of our neighbours fought in WWII. I fear for our younger generation, including my grandies. Please New Zealanders step up – make it about your country not yourselves – united we can do it!